<br />character whatsoever in any way arising out of or as a result of this agreement, including but not
<br />limited to actions for damages or injuries to persons and/or property occurring on the leased
<br />premises resulting from LESSEE's, its invitees', agents', servants' or employees' use. LESSOR
<br />shall not be liable to LESSEE, its invitees, agents, servants, employees or visitors due to the
<br />improvements located thereon, or hereafter constructed, or any other condition of the premises
<br />being improperly constructed, maintained or being or becoming out of repair; LESSEE hereby
<br />waives any defects therein and agrees to hold and save LESSOR harmless from all claims for any
<br />such damages or injuries. LESSEE shall, at all times during the term of this Lease, keep and
<br />maintain, in full force and effect, a policy, or policies, of insurance, providing at least
<br />$250,000.00 per person and $500,000.00 for any single occurrence for bodily injury or death and
<br />$100,000.00 for any single occurrence for injury to or destruction of property, indemnifying all
<br />persons for any and all damages, personal injuries or property damages sustained in or upon the
<br />premises of said leased property, or any part thereof, as the result of the negligence of LESSEE,
<br />its invitees, agents, servants or employees, and shall pay all premiums due thereon when due. It
<br />is expressly provided that such insurance policy or policies shall, and must, be written and issued
<br />by a reputable insurance company, or companies, with LESSOR as an additional insured, subject
<br />to approval by the City Attorney of the City of Paris, and LESSEE, or its insurance carrier or
<br />carriers, shall deliver a copy of any such policies to the City Clerk of the City of Paris, 150 1st
<br />Street S.E., Paris, Texas 75460, or furnish to said City Clerk a current letter or certificate from
<br />such company, or companies, evidencing the fact that such insurance is in full force and effect at
<br />all times during this Lease, and specifically noting thereon that LESSOR is an additional insured.
<br />All such policies shall be written so that the LESSOR will be notified of cancellation or of any
<br />restrictive amendment of the policies at least thirty (30) days prior to the effective date of such
<br />cancellation or amendment. Notice shall be by certified mail, return receipt requested, addressed
<br />to the LESSOR at the following address: City Clerk, City of Paris, P. O. Box 9037, Paris, Texas
<br />75461-9037.
<br />
<br />2
<br />
|